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to create a environment that will make you spend a lot more money. don, i always say the psychology is meeting the environmental forces. you only have to adjust the environment a little bit to change your behavior. it can be used for positive or for corporations to get us to dig into our pocketbooks. >> and they serve you coffee, because it gives you a rush in the restaurant. >> they wish they could serve you wine. >> well, listen about christmas, if they have discovered that holiday music actually makes you buy more. but fast-paced upbeat holiday music doesn't. you need to put on slow to medium-paced music and will spend a lot more. even since, one study in switzerland shows that if they infuse the air of the store with just a light orange scent, shoppers spend even more, so really, we're being highly manipulated when we walk into a mall. >> we're going a little bit off the story, but there was a survey not that long ago, about a man who smells like cinnamon rolls, women are attracted to them. but maybe it is the other way around, the men that came in a woman's home, smelled the ci
there are people like tyson for years. we need to make sure that protection of the environment is part of government. so i like the fact that there is balance there. but let's not lose sight of the fact that this is a big success story. we don't need to have a regulates economy. we need to give the private sector enough breathing room and make sure that we don't brush this initiative. i'm optimistic for the first time in a long time. >> what did you say? free market unregulated economy? >> that is my fantasy. i can't believe it. that we are in agreement on protecting the environment. if the people don't want it, they won't do it. anyway, tyson, thank you. dan mitchell, thank you. now let's talk about california with crashing production and a 13% top state income tax rate. no kidding. no surprise. companies are fleeing the state. but where will they end up? we are about to show you. those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's ri
environment? all these special dividends. oracle is doing it now, second quarter, third quarter dividends this month so investors can get taxed at the 2012 dividend rate. >> it's bigger than that because it's not only the corporation themselves but corporate executives. cashing out options looking for preferential tax treatment there as well. that's just prudent corporate management. you can't fault them. stocks paying special dividends have been outperforming the spx in the time period since this started happening. in some ways in the convoluted way it's been a positive for the market. >> oracle is down, though o this news. >> oracle is down right now. gordon, you make a really good point. that's where the performance has been, the conditions paying these special dividends. when i see an announcement like this, you as an investor, would you buy these companies paying special dif depends to make sure the tax rate is a low rate versus what we may see in 2013? >> certainly it might be an opportunity short term, over a short horizon. i'm not sure i want to lend to those companies. i'm the bo
cash. here in the low-interest rate environment, debt financing is going to be big. >> and the large cap plays. go through those. >> verifone, a leader in electronic payment devices. this has been disrupted by new players like square and paypal and google. the stock has been hit, but our fund manager we talked to think it's been unfairly hit. any time an industry is being disrupted, that's a good opportunity. >> u.s. bancorp? >> this is an old fashioned bank. focuses on deposits and loans and wealth management. none of the other stuff that can get you into trouble. this is one our clients really liked. >> this year dividend plays have been huge. everyone is looking for income. they look to these companies that have a good yield. the two that came through here were ford and, as it happens, our majority owner comcast. >> yes. so ford, you know, the auto recovery story is pretty significant. it's still happening. cars on the road are older. the replacement rate is going to go up. with ford, it has a rock-solid balance sheet. its dividend yield, we think, could go up. comcast is interest
, that's a target-rich environment is what we refer to california. they raise taxes again. they sent the message that the unions are going to continue to control the process out there. they defeated proposition 32. they passed proposition 30 which was the increase in their taxes. so, california businessmen and women are looking at their bottom line saying, where are we going to go? other places? >> governor, is it too much of a leap to say when we do this at the federal level they leave the country, bilss can eventually leave the country. >> sure. >> but we can't seem to make the leap to say that. and i'm talking about the fiscal cliff now. i wonder if you were at 25% of gdp, if the government had grown to this size where it is right now and you were trying to figure out how to deal with it and you were in charge, would it be all about -- would the first thing you come up with be raising taxes? would not -- wouldn't you address the spending -- wouldn't you address the spending side of -- >> right. >> -- and, you know, the republicans are trying to criticize the obama proposals by say
states, inflict damage, physical and reputational, on the jordanian government in an environment in which all other governments are certainly dealing with their own difficulties right now. >> reporter: all 11 suspects were rounded up by jordanian security forces in mid october. jordanian officials say they'd planned to strike on november 9th, the seventh anniversary of the last al qaeda attack in jordan. when suicide bombers struck three hotels in amman, killing about 60 people. the man who claimed responsible for that attack was al zarqawi who led the group al qaeda in iraq. he was killed by u.s. forces in 2006. but analysts say the recent resurgence of al qaeda in iraq shows an unsettling pattern. >> we thought we had them essentially pushed to the wall and snuffed out to a large degree. some individuals were released from prison in iraq and rejoined this group. and certainly when you have a country that is unstable like iraq and you have tremendous sectarian tension there and violence, the more from the sunni side on to the shiite side, you can't be surprised that a group like al qaeda
remember to put money to work. in an environment where not people put money to work and people aren't doing anything, you get an influx of retail money. you have to commit that money to your retirement and to your kids. >> interesting. >> it's a big difference. >> btig has a note on seasonality regarding the end of the year and even december '08 was positive. how resilient the month of december is. >> funny you mention that. that was such a false tell. we thought maybe things had bottomed and then just off a cliff, not fiscal but stock right after that. it's a great note. >> meantime, as we await the opening bell this morning, we'll look at the s&p 500 at the realtime exchange on the top of your screen. big board here. >> there's the bell over at the nasdaq today, sears holdings and st. jude's children's research hospital celebrating the st. jude thanks and giving campaign. lead story involves delta and talks they say to acquire from singapore some stakes in virgin atlanta. >> we'll see what happens. they have been active. the one people are more focused on is american airlines in bankruptc
. they are building and acquiring land in this low interest rate environment which bodes well for this upswing in momentum. the question as you mentioned at what point do comparisons get so tough. first quarter 2012 was first quarter where they started to see the upswing. 45% increase in signed contracts. we're lapping that now. can we beat increases as we move on? >> it could be tough. to the extent that we're building, any momentum at the bottom here, we're still building off a small base as you know. so you could have significant growth for some time. >> everything that goes into a house. a lot of spending goes into a house. >> definitely. cramer has stocks on his list that are worthy of your attention. what does he think about them? his mad dash is coming up next. later, shares of gamestop surging from summer lows hoping to score big this holiday season. we'll talk with the ceo. let's take another look at futures as we head into this tuesday morning session. we're looking about flat. more "squawk on the street" straight ahead. this is america. we don't let frequent heartburn come between u
was to take them out of an environment that they knew all their life. >> reporter: you tried to prolong the life they knew, as expensive as it was becoming, because you didn't want to hurt them. >> you hit the nail on the head. >> reporter: after using her savings, she couldn't pay her mortgage, and a foreclosure letter soon arrived. >> i opened up the letter and i began to read it. and the whole while, i'm in total disbelief. >> reporter: with her three sons, 15, 16 and 17, darlene faced the prospect of breaking apart her family, because most shelters separate men and women for security reasons. and, advocates say, there are not enough shelters for the new wave of homeless families. >> we had families that were coming in -- >> shawn donovan is secretary of housing and urban development, or hud, which funds homeless programs across the country. what do you say to the families who are living in cars, living in trailers, who have to separate their family to live in a shelter? >> what i would say is they shouldn't have to do that. it's wrong. >> reporter: they must now use their funding di
. is it possible in that kind of a familial environment for everybody to come to some point of acceptance and forgiveness? >> i think that's the theme of the movie. it's a big part of christmas. i think this family looks at it like, okay, maybe we can't forgive this guy for everything he's done, but for tonight, for this one day, christmas, let's forgive him without giving away the ending -- >> i didn't give away the ending. >> he doesn't die in the film. >> he doesn't die, okay? >> you said the script just poured out of you. >> tyler perry gave me great advice. he goes, look, i rewatched your first two films. in 15 years, why haven't you ever gone back and explored those types of characters, that world and make that kind of film about a family again? >> an honest water waurt dwarts and all look at it. in real life because we know this father did something that's tough, your dad is completely -- you keep writing that kind of father figure. what does your father who is a wonderful man say about that? >> we were at a film festival. he was at the screening. during the q and a i never got to
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to wait to see exactly what this news in. but in the environment of the fiscal cliff, if, indeed, what this is, it would be interesting. >> all right, john. thanks so much. >> ncr, national cash register. right? >> you like that? >> i like that because you got to change the name. cash registers aren't what they used to be. >> that stock is halted along with the other one john was talking about. we'll let you know when the news does come out and that stock is reop reopened for business. speaking of business, we have about 30 more minutes of business. >> top ceos set for a fiscal cliff meeting with president obama just over an hour from now. we're going to take you live to the white house next. plus, we'll hear from one democratic lawmaker willing to dive head first off the cliff if that's what it takes to reach what he thinks is a good deal on tax hikes while protecting entitlements. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-
blamed no matter what they do. that's political environment. they might as well embrace the fiscal cliff. >> you heard peter difazio saying earlier in the program, democrat, go off the cliff, there is no cliff. no problem. >> folks on both sides. look, there's not a clip there and they're going to play chicken and go off. >> and then you're road kill at the bottom. >> that's exactly right. most folks are saying since the economy's improving, congress, don't screw it up and you get some folks on the far left and far right, there's no cliff, don't worry about this. we're after the election, this isn't an id lodgical debating society. this is about getting something done. let's work on a short-term deal. >> the deal that's there, we're in this situation because congress came up with what they're calling the fiscal cliff now and they're calling it the fiscal cliff because they don't want to e embrace either the tax increases or spending cuts and i think it's foolish to think this congress can come up with a better deal. >> you know what's interesting, to eric's point, there is a great irony
of not -- of not only not facing re-election, having to deal with this in the re-election campaign environment, but having just come off a serious electoral college win. >> yeah. and i think -- i mean, it's kind of remarkable the change in tone. and it's not -- it's not the kind of abject capitulation that one might expect. or one might think might be warranted by what the voter said at the polls. but it is a modulation in tone that has been completely absent during the entirety of the first four years. there was almost nothing like this, even from day one when the president was sworn in, the first time around. we are seeing at least a little bit of an acknowledgment that they are on the wrong side of the majority of the american public on these key issues. >> joy, the -- my sense of what's going on here is that you're really seeing shadow boxing. that boehner knows, there is nothing i can do. we're going to have to go off the curb for my members to understand where we really are. we're going to have to have one week of the united states of america operating under higher tax brackets, higher w
to the volatility. that's the theme for the next couple of weeks. we are going to see a very volatile environment until we get a resolution. so in the short-term, you're kind of trading range bound in the market. i think you want to take advantage of the extremes. so into these big positive moves, you take a little off. it's not a bad thing to take profits and to have cash. i do think that when you see the market pull back and you see extremes in terms of on the downside, i think you want to be buying because i think once you get this fiscal cliff resolution, whenever it is, i think the markets will work higher because the underlying fundamentals in the u.s. economy are clearly improving, and you also have a stabilization or soft landing happening in china at the same time. >> david kelly, what do you want to be doing here? what's your strategy for the fiscal cliff? do you think we go over it, and what do you want to do? >> for a long-term investor, you don't try and play this one. i agree with stephanie about the market probably going higher once they get a resolution. they will get a resolution
, it appears to have been making gasoline for at least half that time. state environment records show. nitrogen oxide emissions have returned to normal at the refinery, a full week before it was reported to have come back online. really? similarly, chevron's richmond refinny was reported down for maintenance for two weeks in may, right, that's what we were told, but emissions data suggests the refinery never ceased operation. shell's refinery in martinez and chevron's in richmond were supposedly offline not making anything so gas prices had to go up. one report concludes actually they were up and running. . what? they just didn't want to say so? everybody knows how supply and demand works. in this case if supply and demand do not explain what was going on here, that's a scandal. that had a huge economic impact. were the refinery companies lying about this just to boost prices up and pocket the difference? does this happen all over the country? what's going on here? and what tools do we have to figure it out if we are being suckered? we do have ta tool. it lives in the department of justice. six
communities and the environment. we're america's natural gas. but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. anne's tablet called my phone. anne's tablet was chatting with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company party. wait til my wife's phone hears about this. [ cellphone vibrating [ female announcer ] with cisco at the center, working together has never worked so well. >>> back now with my special guests, grover norquist and robert reish. you've had a couple minutes to think about
investments as you search for some return in this low-rate environment. this is a deepening vicious cycle. the white house and congress have not given us a fiscal policy as the economy bumps along the bottom now for four years and counting. so the federal reserve saves the day. we finally get some fiscal policy by going over the fiscal cliff even if it is considered bad policy. for some taxes on divs we could see those taxes soar to 44%. companies wait to disperse this year. some companies are borrowing money just to pay out the dividend before the new year so they can get their investors to get the 15% dividend tax. is this the kind of corporate financial responsibility we want? borrowing money just to give it away? who wants a dividend that a company cannot afford or if it can afford it it chooses to borrow the tax. this is just an observation on how one bad policy can act as a domino effect. bad policy begets bad policy. it is another reason why america is pleading with washington to get a deal done on the fiscal cliff. stop taunting one another with plans that each side knows will not
and the environment. we're america's natural gas. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. every human being is unique. and there is one store that recognizes it. the sleep number store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to your size and shape. temperature-balancing bedding. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that allows you to adjust to the support your body needs. each of your bodies. in the name of human individuality: the sleep number collection. discover how our sleep professionals can individualize your sleep experience. exclusively at one of our 400 sleep number s
with valuations or the political environment we find ourselves in now? >> it has to do valuations. we look stock by stock and love our companies but their prices are just reasonable and we prefer cheap. >> you prefer a lot of cash, correct? >> we have cash of 25 to 35% in our various stock funds. again that's a function of valuation. we would love to see investing public get scared about something and allow us to buy more of our stocks down 10 to 15% where they are today. >> you are looking at opportunity 15% below where we are now in the market. what kind of properties are you looking at and stocks are you looking at at this point? what makes a good stock for you, other than value? is it cash generation? is it niche plays? how do you pick the components of the portfolio? >> companies that generate more cash than they need to operate in the business. and management that we really trust to redeploy that cash well. that can be a bank stock like wells fargo, cab pharmaceutical stock like valiant. can be john malone's liberty companies we own three of four of those. >> you own liberty media, liberty
in an urban environment where spark makes a huge amount of sense. it's a great package. we'll do something here. >> one last question. we were talking about we went on. you have been in this industry for a long time. you can't remember the last time there was this much optimism in the auto industry. is it sustainable? >> obviously everything goes in cycles. we talked a little bit about that. the economy obviously here is something that's variable right now. i think the industry and i think most oems and particularly the supply base that's changed their break even points through this cycle to a place where we haven't been before. the agility of the industry and companies that are in it both supply and oem, that agility enables a huge amount of product investments and if you look at the stands at this show, the competitive products here are -- i have never seen it in the industry. it's very exciting. we can do it and make money. the industry is in a healthy point right now. >> mark joining us when you look around the show here, there's more optimism than you usually see at an auto show. comi
is likely to be in an environment where developed economies are all experiencing central banks trying to weaken their currency. >> i just want to break in here as people can see the debt go at the bottom of our screen. a man who ran nbc universal has been officially named the -- at turner and mr. zucker taking that job that has been reporteded on the last couple of days as something that is very likely, it has now been confirmed, replacesing jim wolton who has reported to be in that job. i'm just reading through the memo. >> so let's marry what you said about next year to what you can do right now. if you're going to buy suppositions in certain areas, a lot of these high dividend payers, stocks that have gained a lot this year, what do you buy now in preparation for a run next year? >> we really like large multinationals that can move resources around the globe. the strength in economies, the growth in the world is happening in the emerging world. we're very focused here in the u.s. on u.s. relations and trade with other countries, but trade is now happening, south-south trade, you ha
, fish move through the water and say those are natural ways to move through an environment and they don't stand out. that's really what you're seeing sort of the next level of these drones. >> almost clandestine drones. almost like men in black really. i watched a real life men in black with you, chris, it feels like. always a pleasure. >> yeah. >>> and we have a short break. see you right after. >>> new york city police officers often see homeless people. but one officer could not get the image of a shoeless man on a very bitter cold night out of his mind. so he decided to do something. here is mary snow. >> reporter: had it not been for a tourist from arizona who snapped this photo with her cell phone, officer lawrence deprimo's act of kindness, giving boots to a homeless man, may have gone unnoticed. tourist jennifer foster e-mailed the photo to the nypd, who posted it to their facebook page. tens of thousands of comments followed like this one. in time when our hearts are in despair and we are bombarded with bad news it is the human spirit and acts of kindness who really define who
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left, let's talk about the current environment. what are you hearing from a lot of the senior executives that are asking for your advice or if you're in a board room or chatting with them especially in terms of the fiscal cliff and concern about making big decisions or lack thereof and not putting money at it. >> the interesting part is talk about the fiscal cliff is the talk about the talk about the fiscal cliff. i don't think people are as concerned as the level of chatter that goes around. i think the chatter is more than the concern. the fiscal cliff just happens to be a preset deal on a scale of one to ten. it's a deal that is possible as outcome. i think what the country should hope for is that we come up with a better deal. business wants the rules. i understand why business is very much do a deal. do a something. because a business then can make their plans around that. if a marginal tax rate goes up too high here, they'll put a plant somewhere else. you can make those decisions. they want to know the rules. >> know the rules of the road. >> there's an america out ther
operations are safe and clean for our communities and the environment. we're america's natural gas. >>> two of the future stars of the republican party appeared together. last night. florida senator marco rubio received the second jack kemp leadership award. the first recipient was paul ryan. here they were. >> as you may know, marco is joining an elite group of past recipients for this award. two of us so far, i'll see you at the reunion dinner, table for two, know in good tables? >> thank you for your invitation for lunch from iowa and new hampshire. i will not stand by and watch the people of south carolina ignored. >> gloria borger, chief political analyst, little, i suppose, that is presidential primary humor there for these two? >> already. >> for these two potential republican candidates. these two men, they're in the midst of this discussion as to where the republican party needs to go next. how do their speeches last night fit into that discussion? >> well, first of all, they were at an event honoring jack kemp, who, of course, ran for the vice presidency and lost like paul ryan, a
's in your wallet? it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management >>> we are taking a look at the top cnn trends. he's the dude that lost his car in "dude where's my car" now ashton kutcher is playing the role of steve jobs. >> those are two very different characters. >> i would say so. it's one of the greatest and innovative american minds ever. >> the resemblance to a young steve jobs right out of the cradle of computers, it's pretty striking. michelle turner has that for us from hollywood. >> reporter: yes, just a few weeks the world will get its first look at the new movie about steve jobs. but we can share the first image from the film which stars ashton kutcher as the legendary man behind apple. this is the photo of kutcher in costume as jobs. he has the beeld and the long hair parted on the side. that was his look back in the day. critics are
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throughout that whole period. women have performed extremely well in all of those environments, so i think even within our own country there's plenty of evidence suggesting that women are very capable of handling these jobs. >> you know, the military's official policy towards service women goes back to 1994. that's when this rule was put in place. why do you think it hasn't been looked at? what more needs to be done? >> well, you know, for a number of years there we weren't really actively at war so people weren't really looking at it and while we were at war people were concerned about fighting the fight and getting the job done, but personally i'm a little surprised that since we have been at war for ten years people haven't looked more closely at this and haven't looked at the reality of that's going on on the ground in iraq and afghanistan and how they have been making more steps to move us away. i think we're head there had now, better late than never, i suppose, and need to see this happen here soon. >> getting ready for the segment, contacted the department of defence to get their c
of a challenge. and i recognize it's not going to be easy to spend a year in that kind of isolated environment but it's something that, you know, i think i'm up for that challenge and certainly at this point i look forward to. >> wow. kelly would set the record for the longest trip by an american in space on a single mission. [ female announcer ] caroline penry began using olay total effects in 2001. and one wedding, 2 kids, 43 bottles of olay total effects and many birthdays later, still looks amazing. thanks to the trusted performance of olay. five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. >>> all right. you're looking at a live picture of the business roundtable at washington headquarters. president obama has been meeting with its members for the past few minutes talking about how to avoid the fiscal cliff. you can see the presidential seal on that podium. that means that the president w
environment again and really if you look at the economy, we're probably going back to the '90 style economy where you had 3%, 3.5% was really good growth. 2% growth which we're experiencing right now is pretty good. full employment might be 5.5, 6% like the old days. and i think with that being said, we've got to to get a little bit closer to those numbers to really have the economy start to take off. and i don't think we're that far in there. >> any much those numbers we would take. i don't know whether we are or not. wishful thinking for cantor. certainly would help you guys. why didn't you like fighting irish? >> they were on tv every week when i was a child and i'd like to see alabama win. >> alabama won last year. >> that's okay. all right. thank you. see you later. >>> in fact in some of the squawk sports news this morning, dallas beating philadelphia in sunday night nfl game. 38-33. tony romo threw three touchdown passes to break troy aikman's career franchise record. and the jets beat the cardinals 7-6. new york scoring the lone touchdown after mark sanchez was benched with tim tebo
, it is not as bad as people make it to be. this is a post-environment so people are sort of piling on, i think, that these guys can make some headway. they have to really have messages that work. as i said before, you look at, if you look at hispanics and african-americans, typically these guys are much more friendly. so, if they start to really talk to them in tone and not just in words, but in action and deeds, folks want to be successful. republican party has stood for that for a long time. it's sort of they lost their way. what they have do, also, alex, is live in reality. this is not one thing they understand. the way they're handling the fiscal cliff and appointing the chairman. live in the reality. you don't have to change overnight, but you have to do things that sort of move the ball down the road and african-americans who want to be in a republican party, but the republican party has to meet them at least halfway. >> morris, i think you touch on something really important. it's not just the message and not just what you say to them, your actions do matter and it needs to be more incl
and that's what you get in living in newark, new jersey, in an urban environment where the food is not particularly cheap is tough. you're right, they're not paying for every meal and calorie he's ingesting but that's not much food. >> what's part of that discussion a twitter conversation where somebody said the state shouldn't be responsible for nutrition, right? and because part of the problem here is that people who are food stamps don't have access to really healthy food. you see cory booker made his, you know, best attempt at getting healthy food, frozen vegetables, canned beans and things like that. that is part of the problem with nutrition and poverty stricken areas. >> and that amount. we have to take a short break. >> [ inaudible ]. >> still ahead -- >> have a job, son. >> you do. i'm going to check you. >> "the new york post" and its photographer taking heat over the cover photo of a man taking minutes before his death he was crushed by the train. did the paper cross the line in publishing that picture. we'll talk about that coming up. lashawn's got her christmas list
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there and getting that business to a level of sustainability given the very competitive environment. and in asia-pacific, it's all about all the seeds we've planted in terms of investments and plants and products, those are going to bear a lot of fruit in terms of volumes and revenues as we grow that business going forward. >> we've done probably five of six interviews, not just the auto market, but the economy as a whole, and seems like the same question over and over, are you seeing stability? and any time i talk with you or other auto executives, yes, we think we're seeing stabilization. do you have confidence that europe has stabilized? >> i can't give you 100% pure confidence. we're seeing some encouraging signals even in the last couple of days in terms of some of the sovereign debt issues they're trying to resolve. but our approach there is -- as you know, we've announced a transformation plan there, it's about investing in products. but at the same time, work on the cost side and that's why we've made announcements around some equipment changes. >> real quick, here in the u.s., consumer
mexican food. we bring a whole level of energy to the environment and we bring things that the competition don't bring. and we are -- we are providing a dining opportunity for families that they can't get anywhere else. >> one question. do you -- you get pressure on your menu in terms of this -- american diet fad that's going on? have you changed your menu over time to be -- somewhat responsive to that need? >> we are doing that kind of behind-the-scenes. tony la russaed sodium across our menu last year by 50%. it is not something we advertise. we have. we have calories on our men use in new york. and so we are prepared to take a leading role on that. and -- >> i know what i'm getting into, paul. please don't. if i come in there, i know what i want. don't give me something i don't want. >> that's the great thing about our concept is you can come into moe's and have a great healthy, even vegetarian meal -- >> that's not what i want. >> or you can get a 20-ounce home wreck their will satisfy you for the rest of the day. >> all right. >> paul, come back again and bring more samples. thanks ve
always on the eye of creating an environment where businesses can grow and provide great jobs and great careers going forward. i think that's the most important thing is to stay focused on what the job is at hand. >> and anything about the cup holders? >> well, you can have big cups or small cups. >> what else do you have in the car, though? internal, people like gadgets now. do they have the maps and everything like that? >> we have my lincoln touch system which is really the latest and greatest in human machine interfaces, it's really nice. you can command the vehicle with your voice. and you can do it with the swipe of your finger, of course. but probably the neat thing we have is a new push button transmission. and instead of your traditional shifter -- >> it if you're chrysler -- >> push, drive or reverse. what's neat about it, it freed up the instrument panel, the center console to be really beautiful now. because we don't have that big, clunky, shift mechanism. i think you'll find some new things. >> does it have a great democratic name? postmaster general from the '30s and '40s?
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